Calendar Year
2004 in US Banking
1,169 bank events are on record for 2004: 4 failures, 853 mergers or acquisitions involving a bank, credit union or bank holding company, and 312 enforcement actions.
4
Failures
$170.1M in failed assets
853
Mergers
Federal Reserve NIC, banking organizations
312
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2004 · Bank mergers 2004
How many banks failed in 2004?
4 banks failed in 2004, with $170.1M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Jun 25, 2004 | Bank of Ephraim | $56.8M |
| Mar 19, 2004 | Reliance Bank | $28.6M |
| Mar 12, 2004 | Guaranty National Bank | $71.3M |
| Feb 14, 2004 | Dollar Savings Bank | $13.4M |
Which banks merged in 2004?
853 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2004.
See the fuller list: Bank mergers 2004 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Oct 1, 2004 | Greenpoint Financial Corp. | North Fork Bancorporation, Inc. |
| Oct 1, 2004 | Guaranty National Bancshares, Inc. | Texas United Nevada, LLC |
| Oct 1, 2004 | GNB Bancshares, Inc. | Texas United Bancshares, Inc. |
| Oct 1, 2004 | Madison Bancshares Group, Ltd. | Vist Financial Corp. |
| Oct 1, 2004 | Kewaunee County Banc-Shares, Inc. | Baylake Corp. |
| Oct 1, 2004 | First Polk Bankshares, Inc. | Southcrest Financial Group, Inc. |
| Oct 1, 2004 | Sun Bancorp, Inc. | Omega Financial Corporation |
| Oct 1, 2004 | Klein Bancshares, Inc. | Amegy Holding Delaware, Inc. |
| Oct 1, 2004 | National Commerce Financial Corporation | Suntrust Banks, Inc. |
| Oct 1, 2004 | Oak Forest Credit Union | South Division Credit Union |
| Oct 1, 2004 | Howard Savings Bank | Edens Bank |
| Oct 1, 2004 | Tarrant Affliliated Contractors Credit Union | Family 1st of Texas Federal Credit Union |
| Oct 1, 2004 | Dot District 2 Credit Union | Florida Department of Transportation Credit Union |
| Oct 1, 2004 | Frankfort Federal Employees Federal Credit Union | Expree Credit Union |
| Oct 1, 2004 | Corsicana Municipal Employees Credit Union | Navarro Credit Union |
| Oct 1, 2004 | Diakonia Credit Union | Security Service Federal Credit Union |
| Oct 1, 2004 | Unite Western States Regional Federal Credit Union | Paradise Valley Federal Credit Union |
| Oct 1, 2004 | Klein Bank | Amegy Bank National Association |
| Oct 1, 2004 | Westview Savings Bank | Suburban Federal Savings Bank |
| Oct 1, 2004 | Twin Cities Federal Credit Union | Honor Credit Union dba Honor Investment Services |
| Oct 1, 2004 | Tex-US Credit Union | Rave Financial Credit Union |
| Oct 1, 2004 | Community Banks of the Rockies | Community Banks of Colorado |
| Oct 1, 2004 | Harborview Credit Union | Dutch Point Credit Union |
| Oct 1, 2004 | State Bank of Hudson | Premier Bank |
| Oct 1, 2004 | Bank One, Delaware, National Association | Chase Bank USA, N.A. |
| Oct 1, 2004 | Emmanuel Federal Credit Union | Viriva Community Credit Union |
| Oct 1, 2004 | Saint Linus Credit Union | Polish-American Federal Credit Union |
| Oct 1, 2004 | Sun Bank | Omega Bank |
| Oct 1, 2004 | Darco Employees Credit Union | East Texas Professional Credit Union |
| Oct 1, 2004 | Saint Peters Parish Credit Union | T L C Community Credit Union |
| Oct 1, 2004 | Community Banks of Southern Colorado | Community Banks of Colorado |
| Oct 1, 2004 | C S M Federal Credit Union | Credit Union of Colorado, a Federal Credit Union |
| Oct 1, 2004 | Tribview Federal Credit Union | Elliott Community Federal Credit Union |
| Oct 1, 2004 | Wilmington Newspaper Federal Credit Union | Community Powered Federal Credit Union |
| Sep 30, 2004 | Apco Federal Credit Union | Pathways Financial Credit Union, Inc. |
| Sep 30, 2004 | Northview Financial Corporation | Wintrust Financial Corporation |
| Sep 30, 2004 | Rogers Brothers Federal Credit Union | Erie Times Employees Federal Credit Union |
| Sep 30, 2004 | Cordan Federal Credit Union | Piedmont Credit Union |
| Sep 30, 2004 | Fellowship Church Credit Union, Inc. | Antioch Baptist Church Credit Union, Inc. |
| Sep 30, 2004 | GF Telco Federal Credit Union | Northern Valley Federal Credit Union |
| Sep 28, 2004 | The First National Bank of Unadilla | Countryside Bank |
| Sep 22, 2004 | Infitech, Inc. | First National Bank of Pennsylvania |
| Sep 21, 2004 | Bank of Sturgeon Bay Building Corp. | Baylake Bank |
| Sep 21, 2004 | Cornerstone Financial, Inc. | Baylake Bank |
| Sep 19, 2004 | First Farmers State Bank | First Financial Bank, N.A. |
| Sep 18, 2004 | Twin Lakes National Bank | Southwest National Bank |
| Sep 18, 2004 | Emprise Bank National Association | Emprise Bank |
| Sep 18, 2004 | Montana Armed Forces Credit Union | Intrepid Credit Union |
| Sep 17, 2004 | United Family Credit Union | Unity Credit Union |
| Sep 17, 2004 | Bartonville Bank | Better Banks |
The list holds 500 of the 853 mergers recorded for 2004.
Enforcement Actions in 2004
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Mar 22, 2004 | OCC_OTS | (individual) | Supervisory Agreement: Washington Savings Bank, FSB |
| Mar 19, 2004 | FRB | The Planters National Bank and Trust Company | Written Agreement: Planters Bank and Trust Company, Staunton, VA |
| Mar 19, 2004 | FRB | Virginia Heartland Bank | Written Agreement: Virginia Heartland Bank, Fredericksburg, VA |
| Mar 18, 2004 | OCC_OTS | Century Bank a FSB | Termination of Cease and Desist: Barry W. Florescue |
| Mar 17, 2004 | OCC_OTS | Allied Houston Bank | Orders of Removal/Prohibition: Diane L. Wall |
| Mar 17, 2004 | OCC | Hamilton Bank, N.A. | Civil Money Penalty (CMP): Martinez, Adolfo |
| Mar 17, 2004 | OCC_OTS | Greater South Texas Bank | Cease and Desist: Greater South Texas Bank, FSB |
| Mar 17, 2004 | OCC | Hamilton Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Martinez, Adolfo |
| Mar 15, 2004 | OCC | Bank of America Corporation | Prohibition/Removal Orders: Maxwell, Aja Simone |
| Mar 15, 2004 | OCC | Bank of America Corporation | C&D or PC&D Requiring Restitution: Maxwell, Aja Simone |
| Mar 15, 2004 | OCC | Wells Fargo Bank, N.A. | C&D or PC&D Requiring Restitution: Stewart, Charles Clay |
| Mar 15, 2004 | OCC | The Lake Bank, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Lake Bank, National Association |
| Mar 15, 2004 | FRB | Midwest Banc Holdings, Inc. | Written Agreement: Midwest Banc Holdings, Inc., Melrose Park, IL and Midwest Bank and Trust … |
| Mar 15, 2004 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Stewart, Charles Clay |
| Mar 12, 2004 | OCC_OTS | Guardian Bancshares, Inc. | Cease and Desist: Robert F. Parker |
| Mar 10, 2004 | OCC_OTS | Central Kentucky Federal Savings Bank | Civil Money Penalty: Central Kentucky Federal Savings Bank |
| Mar 9, 2004 | FRB | (individual) | Civil Money Penalty $8,000,000: Credit Agricole, S.A., Paris, France, Credit Agricole Indosuez, Paris, France, … |
| Mar 9, 2004 | FRB | (individual) | Cease and Desist Order: Credit Agricole, S.A., Paris, France, Credit Agricole Indosuez, Paris, France, … |
| Mar 4, 2004 | OCC_OTS | Prestige Bank, A Federal Savings Bank | Orders of Removal/Prohibition: John A. Stiver |
| Mar 4, 2004 | OCC_OTS | Prestige Bank, A Federal Savings Bank | Civil Money Penalty: John A. Stiver |
| Mar 4, 2004 | OCC_OTS | Central Federal Savings and Loan Association | Cease and Desist: Greg L. Diaz |
| Mar 4, 2004 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Barrett, Kimberly J. |
| Mar 4, 2004 | OCC_OTS | Central Federal Savings and Loan Association | Orders of Removal/Prohibition: Greg L. Diaz |
| Feb 26, 2004 | OCC_OTS | Logansport Savings Bank | Orders of Removal/Prohibition: Mark E. DeBarge |
| Feb 26, 2004 | OCC_OTS | Carrollton Federal Bank | Civil Money Penalty: Carrollton Federal Bank |
| Feb 26, 2004 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Brooks, Calvin |
| Feb 26, 2004 | OCC | Guaranty National Bank of Tallahassee | Prohibition/Removal Orders: Brooks, Calvin |
| Feb 25, 2004 | OCC_OTS | Sobieski Bank | Cease and Desist: Sobieski Bancorp, Inc. |
| Feb 24, 2004 | FRB | Cowboy State Bancorp, Inc. | Cease and Desist Order: Cowboy State Bancorp, Inc., Ranchester, WY and Cowboy State Bank, … |
| Feb 24, 2004 | OCC | First National Bank of Jasper | Prohibition/Removal Orders: Ellis, Jamie |
| Feb 23, 2004 | OCC_OTS | Fort Lee Federal Savings Bank, FSB | Supervisory Agreement: Fort Lee Savings Bank, FSB |
| Feb 20, 2004 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Brown, Jernika N. |
| Feb 20, 2004 | OCC | Modern Bank, N.A. | Prohibition/Removal Orders: Nasser, Ezequiel Edmond |
| Feb 20, 2004 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: de Keyser, Ralph J. |
| Feb 18, 2004 | OCC | New York National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): New York National Bank |
| Feb 18, 2004 | OCC_OTS | (individual) | Termination of Prohibition: Sally M. Reynosa |
| Feb 17, 2004 | OCC | Americana National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Americana National Bank |
| Feb 17, 2004 | OCC | Hamilton Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bingham, J. Reid |
| Feb 17, 2004 | OCC | Hamilton Bank, N.A. | Civil Money Penalty (CMP): Bingham, J. Reid |
| Feb 17, 2004 | OCC | First National Bank of Jasper | Prohibition/Removal Orders: Wolford, Lisa |
| Feb 17, 2004 | OCC | Hamilton Bank, N.A. | C&D or PC&D Requiring Restitution: Bingham, J. Reid |
| Feb 13, 2004 | FRB | The Custar State Bank | Written Agreement: The Custar State Bank, Custar, OH |
| Feb 13, 2004 | OCC_OTS | Dollar Savings Bank | Cease and Desist: Dollar Savings Bank |
| Feb 13, 2004 | OCC_OTS | Middlesex Federal Savings, F.A. | Cease and Desist: Middlesex Federal Savings |
| Feb 13, 2004 | OCC_OTS | Dollar Savings Bank | Cease and Desist: Robert DeMane |
| Feb 9, 2004 | OCC | The First National Bank of Newman Grove | Formal Agreement: The First National Bank of Newman Grove |
| Feb 5, 2004 | FRB | The Hocking Valley Bank | Civil Money Penalty $9,500.: Hocking Valley Bank, Athens, OH |
| Feb 4, 2004 | FRB | Credit Lyonnais | Cease and Desist Order: Dominique Bazy |
| Feb 3, 2004 | OCC | Centennial National Bank | Formal Agreement: Centennial National Bank |
| Feb 1, 2004 | OCC | Americana National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lindeman, Jon R. |
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